HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-485 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
In the Matter of )
Approval of a Substitute ) RESOLUTION NO. 81/485
Subdivision Agreement, )
Subdivision 4990,
Bethel Island Area.
The following document(s) (was/were) presented for Board approval this date:
A substitute Subdivision Agreement with Delta Real Estate Corporation, Subdivider,
wherein said Subdivider agrees to complete all improvements as required in said Subdivision
Agreement within one year from the date of said Agreement;
Said document(s) (was/were) accompanied by the following:
Security to guarantee the road and street improvements as required by Title
9 of the County Ordinance Code, as follows:
a. Cash bond (Auditor's Deposit Permit No. 012725, dated September 15,
1978) in the amount of $1,000, deposited by William Boyd Real Estate.
b, Additional security in the form of a corporate surety bond dated March
26, 1981, and issued by Indemnity Company of California (Bond No. 620861P) with Delta
Real Estate Corporation as principal, in the amount of $56,000 for Faithful Performance
and $28,500 for Labor and Materials.
NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement
is APPROVED.
BE IT FURTHER RESOLVED that the Subdivision Agreement with Delta Real
Estate Corporation, as approved by the Board on September 26, 1978, is hereby terminated
and the Improvement Security Bond(s) with American Motorists Insurance Company of
Illinois (is/are) exonerated.
PASSED by the Board on May 5, 1981 by the fol l dwi ng vote
AYES: Supervisors Eanden, Schroder, McPeak, Torlakson, and powers.
NOES: None.
ABSENT: None.
C'ER' IFIEI) COPY
I certify, that th!s b a NIL true & c,.orrect eopg of
the orldinaI dpoc?l—� cr" -whiO" is on f.t:n '13 my ofr:ce,
"d that it was r+a± ed 4 �sdc?nted by , o Beard of
St7perV)86rs of Cc>�: CeGtz 'gin�:ii'� C''a4fornia. on
Originator: Public Works (LD) the date shown. �}� _T: J. R. o SSON, county,
g Clerk &c�xofPic.o =rii of said Board of Supervisars&
b peptbt�r Clem
cc: Director of Planning f' t
Public Works - Construction °a -�--
Public Works - Accounting
Indemnity Company of California
500 Airport Blvd-Suite 138
Burlingame, CA 94010
Delta Real Estate Corporation
6170 Bethel Island Road
Bethel Island, CA 94511
William Boyd Real Estate
6170 Bethel Island Road
Bethel Island, CA 94511
American Motorist Insurance Company of Illinois
Atten.: Al Barker Bonds
The Hearst Building
Market & 3rd
San Francisco, CA 94103
RESOLUTION NO. 81/485